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News Economy Trade Monday, Aug 8 2016

Trump's Trade Fever Dream Threatens Americans

Aug 08, 2016

Among Donald Trump’s many dangerous fantasies is his claim that a trade war would be good for working Americans. The truth is Trump’s trade proposals could lead to a “lengthy recession,” according to Moody’s Analytics.

Trump puts on a show of railing against companies that outsource and ship jobs out of the U.S. Trump says he opposes outsourcing, but his Trump-branded clothing, “as well as eyeglasses, perfume, cuff links and suits,” are all manufactured overseas, in “Bangladesh, China, Honduras and other low-wage countries.” Just as bad, Trump invests in and profits off those very same companies that he criticizes for outsourcing.

Trump’s call for a “trade war” reveals how dangerously naive Donald Trump is about international trade. Donald Trump is a lying con man, who’s consistently put his own interests and profits first, no matter who has to get hurt. 

Watch here for the worst of Donald Trump’s trade hypocrisy:

Published: Aug 8, 2016

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